Sell Gold

If you look at the past few weeks, gold moves in a nice pattern. According to that, I place a short order in order to have some nice profits.

In the long run I believe Gold is in an uptrend, but for now, I will trade the pullback and take some profits.

Good luck to you and only trade if you agree for 150% with my ideas.

SL is above the last candle, and TP at the support for now, might be adjusted.

註釋

Ho Lee Sheet!!!

Profits like heavy rain here!

註釋

Profits flying in!
I adjust my SL every now and then, just never to close, since I dont want to be stopped out.

註釋

I took a nice swing here, very good and predictable profits!

交易進行

And we do have another entry, since the price could not get higher than the last high, the bears are still in control. And for the next couple days, I am a bear on gold. I will keep trailing my stop here, always above the last candle.

Good luck!

註釋

Well, the price could not break the resistance, so I believe it gave us another nice entry just now ;-)

Trail your stops on gold, right now it is a little bouncy. Or think as an investor, and go by buy and hold, but thats not my strategy, and I dont know where price will be in one year...